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Nonvignon E Group
In this Group: Assiata, Akoko Delphine, Irène, Sègnisso Yolande Perpétue, Philomène, Kafui, Odile, Beldine Cica Medessê G., Florentine, Evelyne, Alphonse, Akouélé Solange, Adeline Antonia, Rodrigue
NONVIGNON E is a group made up of 14 people who all live in the same district in Benin. The group is requesting their first loan from ALIDé in order to increase their working capital and grow their business activity.
The group´s leader (the woman in the picture with her hand raised) is called Akoko Delphine. She is 50 years old and is married to Négniwoé. The couple has one dependent child and 3 children in all, all of whom go to school. Akoko Delphine and her husband both contribute to the various household expenses. Akoko Delphine has sold food products from her home for nearly 30 years, an activity which enables her to meet her needs. She gets her supplies at the market.
This loan would enable Akoko Delphine and the NONVIGNON E group to increase their business levels, pull in more customers and make greater profits.
NONVIGNON E est un groupement constitué de quatorze personnes et dont la présidente (celle qui a la main levée sur la photo) est nommée Akoko Delphine. Les membres du groupe habitent dans le même quartier au Bénin. Dans le but d’augmenter leur fonds de roulement et d'élargir leur activité, ce groupement sollicite pour la première fois un crédit auprès de ALIDé. Akoko Delphine est âgée de 50 ans et est mariée à un certain Négniwoé. Le couple a trois enfants tous scolarisés, dont un est à leur charge. Akoko Delphine et son mari assurent ensemble les diverses charges du ménage. Il y a près de trente ans que Akoko Delphine mène comme activité la vente de produits vivriers à son domicile ; ce qui lui permet de subvenir à ses besoins. Akoko Delphine s'approvisionne dans un marché du Bénin. Ce premier prêt permettra certainement à Akoko Delphine et aux autres membres du groupe NONVIGNON E, de rehausser le niveau de leur activité et d’accroître leur clientèle et leur revenu.

Additional Information

About Alidé

Alidé is a Beninese NGO that works to reduce poverty by offering sustainable access to productive loans like this one in addition to savings, training sessions, and social work to low-income families.

Supporters of this loan should be aware that there is some risk of being repaid late. Because the Beninois Ministry of Finance has imposed restrictions on the amount of money Alidé can send to Kiva, the organization can only send monthly repayments in installments smaller than $13,000. This means that some Kiva lenders may receive their repayments late. However, Alidé remains a healthy institution in good standing with its creditors, and Kiva would like to continue working to support its clients. For more information, please refer to Alidé's partner profile page.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Benin

  • $1,600
    Average annual income
  • 0
    View loans »
    Benin Loans Fundraising
  • $4,467,950
    Funds lent in using Kiva
  • 455.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Nonvignon E Group's $1,925 loan helped a member to buy foodstuffs for resale.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2011
Listed
Sep 1, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012